VILLARREAL

Operated by WAGNER OIL COMPANY (P-5 891175) in the ALVARADO (VICKSBURG) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 189314District 04Field 021006252 tax incentive programmesCondensateGasSaveExport
Value, all time
$14.8 M
May 2002 – May 2018
Value, last 12 filed months
$4 k
at the published price for each month
Months reported
193
no gaps in the span
Streams
2
condensate, gas

The Railroad Commission's own record for the field this lease produces from, including the spacing rule that governs how close together its wells may be drilled.

These are facts about the field, not about this lease. The field holds 90 leases and 90 wells, and the rule below applies to all of them.

Discovered
1993-06-15
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,200 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2001-11-06.

The Commission's schedule remark for this field reads: AS A SINGLE RESERVOIR.

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
High Cost Gas112002-09-05148835
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

What this lease produced, and what it was worth

Oil and condensate are valued on the volume the state records as disposed of; gas and casinghead gas on the volume produced. They are different columns of different files, and the difference is not cosmetic.

StreamBasisVolumeValue
CondensateDisposition26,256 bbl$833,743
GasProduction2,576,839 Mcf$13,929,443
Total$14,763,186

Wells on this lease (1)

Every wellbore the Railroad Commission records against this lease key, with the depth, the last completion and the plug date exactly as filed. A well with no plug date is not stated to be producing — the state files no such flag.

These wells centre on 26.7331, -98.3756. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.73311, -98.37563 · centre of the wells drawn, derived

What these wells add up to

Every figure below is counted over all of this lease's wells, not over the rows listed above. The Railroad Commission files two facts about a well's state — a plug date and a proration-schedule flag — and a well can carry both, so they are published as separate counts and never merged into a status.

On the schedule
100.0%
1 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
10,380 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
00.0%

A plug date is the date the Commission recorded the wellbore as sealed with cement and abandoned. It is the only end-of-life fact Texas files. There is no "active" flag on a well, so this page does not print one — a well with no plug date is not stated to be producing.

How deep they were drilled

The one well that filed a depth was drilled to 10,380 ft.

Completions filed
Dec 2017
1 of 1 wells

1 well

42-42733470210,380 ftDec 2017Yes

The API number is the state's, prefixed 42 for Texas. A well is matched to this lease by the lease key the Commission files on the wellbore record, so a well that has moved between leases appears under each one it was filed against.

Every month this lease reported (193)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

193 months

May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 201759045.373.00$2,677
Jul 201724243.873.09$1,059
Jun 20170242.493.09$6
May 20170745.373.26$23
Apr 20170247.933.21$6
Mar 20170346.772.98$9
Feb 20170350.452.95$9
Jan 20170949.413.42$31
Dec 201601148.763.72$41
Nov 20160942.492.64$24
Oct 20160646.193.09$19
Sep 20160341.553.10$9
Aug 20160941.442.92$26
Jul 201601041.622.92$29
Jun 201601245.352.69$32
May 201601242.521.99$24
Apr 201601636.561.99$32
Mar 201601333.011.79$23
Feb 201601326.472.06$27
Jan 20160927.352.36$21
Dec 201501032.362.00$20
Nov 20150338.792.17$7
Oct 20150043.552.43$0
Sep 20150642.992.76$17
Aug 201501740.162.87$49
Jul 201504748.152.95$138
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 201502649.822.71$70
Mar 201502242.892.93$65
Feb 201502244.662.98$65
Jan 201502543.433.10$78
Dec 201402354.693.59$83
Nov 201402270.464.25$94
Oct 201402178.303.90$82
Sep 201401786.164.05$69
Aug 201402589.394.04$101
Jul 201402096.564.18$84
Jun 201403098.164.74$142
May 201401794.734.73$80
Apr 201401795.944.81$82
Mar 201402995.895.06$147
Feb 20140297.406.19$12
Jan 201406890.404.86$331
Dec 201302791.824.35$118
Nov 201311888.853.74$156
Oct 20130097.423.78$0
Sep 201304104.113.72$15
Aug 2013025104.253.52$88
Jul 201314721102.523.72$15,149
Jun 201303894.403.93$149
May 201303094.834.15$124
Apr 201306993.964.28$296
Mar 201304293.623.91$164
Feb 201303591.233.42$120
Jan 201309691.603.42$328
Dec 201206886.773.42$233
Nov 201216486.953.62$319
Oct 201206289.383.40$211
Sep 201206594.672.92$190
Aug 2012010992.662.91$317
Jul 201205785.133.02$172
Jun 20120079.822.52$0
May 201203391.612.49$82
Apr 201200101.652.00$0
Mar 2012088105.052.22$196
Feb 20122142101.102.57$567
Jan 2012026198.092.73$714
Dec 20110096.873.24$0
Nov 20111037795.723.31$2,206
Oct 20111082384.983.65$3,853
Sep 2011141,49783.623.99$7,137
Aug 2011781783.404.15$3,974
Jul 2011202,85194.144.52$14,761
Jun 2011402,27192.904.64$14,253
May 2011113,78898.134.40$17,765
Apr 2011153,824105.964.33$18,160
Mar 2011774,24096.364.06$24,623
Feb 2011273,41885.644.18$16,599
Jan 2011303,66986.504.59$19,431
Dec 2010334,44885.734.35$22,168
Nov 2010153,33780.843.80$13,878
Oct 201003,48678.103.51$12,232
Sep 201043,78272.633.98$15,341
Aug 2010314,56073.684.42$22,436
Jul 2010194,45872.554.74$22,494
Jun 201084,07470.364.91$20,568
May 2010143,91871.124.24$17,589
Apr 2010244,13181.694.12$18,991
Mar 201065,38378.394.39$24,095
Feb 2010184,78373.585.44$27,355
Jan 201016,17474.365.96$36,897
Dec 200904,81871.445.48$26,421
Nov 200904,13574.593.75$15,512
Oct 200913,96672.544.11$16,374
Sep 2009123,84065.543.06$12,555
Aug 2009123,75367.423.22$12,888
Jul 200902,67561.133.46$9,268
Jun 2009173,86866.163.90$16,191
May 2009194,26254.743.93$17,772
Apr 2009165,42746.773.59$20,218
Mar 20092194,44742.144.06$27,279
Feb 2009124,70532.814.63$22,192
Jan 200955,94835.865.37$32,126
Dec 200844,16837.105.98$25,061
Nov 200813,46455.496.86$23,820
Oct 200834,79875.246.92$33,437
Sep 200845,051101.767.88$40,194
Aug 200845,280114.228.48$45,247
Jul 2008244,350131.0811.39$52,690
Jun 200885,129131.3313.03$67,895
May 2008105,299123.1711.57$62,564
Apr 200805,667110.3110.45$59,248
Mar 200815,547101.909.66$53,709
Feb 200806,65692.538.77$58,377
Jan 200807,27490.388.21$59,688
Dec 200707,09388.337.30$51,793
Nov 200707,20691.677.29$52,544
Oct 200707,52682.856.92$52,095
Sep 20071747,14475.846.24$57,804
Aug 200706,72669.066.39$42,965
Jul 200706,69270.906.39$42,748
Jun 200705,93662.007.55$44,808
May 200705,94358.747.85$46,630
Apr 2007010,26159.617.81$80,089
Mar 200708,66556.927.30$63,272
Feb 200705,36655.108.22$44,087
Jan 200705,50650.306.73$37,038
Dec 200608,19556.656.92$56,697
Nov 200608,25154.207.62$62,852
Oct 200609,62454.906.01$57,877
Sep 200609,52460.085.04$47,974
Aug 200609,94068.717.34$72,959
Jul 2006010,08169.376.34$63,941
Jun 200619510,26466.286.38$78,449
May 2006010,97266.016.42$70,495
Apr 2006013,13564.397.36$96,680
Mar 2006010,28856.707.08$72,869
Feb 2006011,45957.597.75$88,820
Jan 2006016,05660.598.93$143,433
Dec 200519416,54654.9413.42$232,630
Nov 2005015,29254.6910.59$161,918
Oct 200519616,61958.3413.80$240,706
Sep 2005013,88061.4512.08$167,657
Aug 200519616,16761.519.80$170,441
Jul 2005013,37855.697.84$104,932
Jun 200519018,21452.337.38$144,381
May 2005018,26045.226.65$121,450
Apr 200519417,63349.207.36$139,332
Mar 200518818,82850.377.15$144,182
Feb 2005018,82245.226.31$118,803
Jan 200518422,16343.166.32$148,060
Dec 200418621,48639.866.75$152,468
Nov 200419523,13245.286.33$155,265
Oct 200418926,39449.706.52$181,353
Sep 200419826,21043.245.28$147,053
Aug 2004026,18642.375.55$145,350
Jul 200419923,65938.286.08$151,563
Jun 200438821,74536.106.43$153,893
May 200419733,47837.486.49$224,809
Apr 200435829,43834.475.86$184,802
Mar 200419022,56134.365.53$131,294
Feb 200419124,77132.455.51$142,677
Jan 200419933,27232.036.30$215,976
Dec 200339236,73030.266.30$243,321
Nov 200319739,06128.804.60$185,165
Oct 200358046,52628.174.76$237,786
Sep 200319837,02826.314.75$181,069
Aug 200337846,28329.765.13$248,668
Jul 200339357,85629.415.17$310,722
Jun 200338243,53428.565.98$271,372
May 200338838,25026.595.97$238,772
Apr 200356551,23926.675.41$292,132
Mar 200356782,30431.146.10$519,385
Feb 200398690,69633.487.93$751,857
Jan 200378199,88230.315.58$581,217
Dec 20021,174111,47226.914.85$572,651
Nov 20021,348133,30724.664.14$584,727
Oct 20022,145163,71526.464.23$749,127
Sep 20022,522146,20127.443.64$600,674
Aug 20023,476171,06925.963.16$631,527
Jul 20023,107157,78424.583.06$559,467
Jun 20021,43690,98223.733.34$337,796
May 200206,32324.663.58$22,662

How to read this page

The arithmetic is one multiplication per stream per month. Here it is, worked, on a real row from the table above.

Aug 2017 — as filed, then multipliedworked
Condensate            59 bbl  × $ 45.37 =     $2,677
Gas                    0 Mcf  × $  3.00 =         $0

────────────────────────────────────────────────────
Month total                                   $2,677

The volumes are the state's, unchanged

Every barrel and every Mcf on this page is a number the Railroad Commission of Texas published in its monthly production query. Nothing is modelled, estimated or filled in.

The dollars are a multiplication, not a valuation

Volume × a published monthly price. It is not what the operator was paid: it takes no account of a contract, a differential, a transportation deduction, or the share any one owner holds.

Oil and gas are priced differently

Oil is a Texas realisation — the crude oil first purchase price. Gas is a benchmark, because no free Texas wellhead gas series exists at any date. The prices page publishes the difference rather than correcting it away.

A lease is not a well

The state reports oil on lease and gas on well, and this page is the lease grain. 04/G/189314 is the state's own key, not one this site invented.